The Taipei Economic and Cultural Office has acquired the recently-completed seven-story building at 345 4th Street in SoMa, San Francisco. The nearly $53 million sale will facilitate TECO-SF’s move out of their current Downtown location by the Transamerica Pyramid and Chinatown at 555 Montgomery Street. 4th & Harrison SF, LLC, linked with the Newport Beach-based Tarsadia Investments, is listed as the project sponsor.
Crews have topped out on the seven-story life sciences development at 1450 Owens Street in San Francisco’s Mission Bay. The steel frame stands 109 feet above street level, rising over I-280, while the site’s ground floor is visible to passing Caltrain riders. Truebeck is the general contractor, and Alexandria Real Estate Equities is the project developer.
Excavation work is underway at Mission Bay South Block 14, preparing to construct the San Francisco neighborhood’s new public school. The facilities will sit on a 2.5-acre site, opening up classrooms and community facilities to boost all students and teachers in the San Francisco Unified School District system. DLR Group is the project architect.
Construction has topped out with facade installation starting for the new University of San Francisco Clinical Facility at Mission Bay Block 34 in Mission Bay, San Francisco. The five-story medical center is rising next to the now-open nine-story parking garage at the corner of 3rd and Mariposa Street, further establishing the urban UCSF campus. Block 34 is expected to open later this year.
Construction has started for the eight-story affordable infill at 400 China Basin Street in Mission Bay, San Francisco. The project is expected to open 148 new condominiums for sale by 2024, overlooking the rising Mission Rock neighborhood. Mithun is responsible for the design.